Should You Invest in the S&P 500 and Apple at All-Time Highs?
The rebound in the stock market in the months since the COVID-19 pandemic started has been incredible. The S&P 500 is now 53% above its March lows and just hit a fresh all-time high as I sat down to write this. Think about that for a second: The stock market has completely shaken off the novel coronavirus for now.
And the moves in many individual stocks have been nothing short of remarkable, particularly when it comes to the technology sector. Apple (NASDAQ: AAPL) recently became the first U.S. company to reach a $2 trillion market cap, hitting $500 per share shortly before its stock is set to complete a 4-for-1 split. Many other popular tech stocks have doubled or more this year.
With all of that in mind, it is certainly understandable if stocks are starting to look a little expensive. However, if you're a long-term investor, that's not the right way to think about it.
Source Fool.com
